IIPA and ICAI Sign MoU to Strengthen Municipal Financial Governance

Key facts

• The Indian Institute of Public Administration (IIPA) and the Institute of Chartered Accountants of India (ICAI) have signed a Memorandum of Understanding (MoU) to strengthen municipal accounting and financial management practices.
• The MoU will remain in force for an initial period of three years.
• The partnership combines IIPA's expertise in governance and public administration with ICAI's professional strengths in accounting, auditing and public financial management.
• Dr. Jitendra Singh stated that the collaboration is a significant milestone in strengthening local governance and will support institutional reforms across municipalities.
• The MoU establishes a framework for joint research, capacity building, training, advisory services and technical support for Urban Local Bodies.
• The Centre for Urban Studies (CUS) at IIPA has initiated discussions with the Government of Haryana to support accounting reforms across all 87 Urban Local Bodies in the state.